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What makes a decision strategic? When is strategy most important? This paper studies the structure and value of strategy (in its everyday sense), starting from a (functional) definition of strategy as ‘the smallest set of (core) choices to optimally guide the other choices.' This definition...
Persistent link: https://www.econbiz.de/10010259464
When a CEO tries to formulate 'a strategy', what is she looking for? What exactly is 'a strategy', why does it matter, and what are its properties?This paper defines an explicitly formulated 'strategy' as the 'smallest set of choices and decisions sufficient to guide all other choices and...
Persistent link: https://www.econbiz.de/10013106346
This Internet Appendix includes supplementary discussion and analyses. The original paper "Market (in)attention and the strategic scheduling and timing of earnings announcements" is available at the following URL: "http://ssrn.com/abstract=2545966" http://ssrn.com/abstract=2545966
Persistent link: https://www.econbiz.de/10012835091
Alliances have been studied extensively in the past and various arguments suggested to explain their evolution and eventual termination. We argue that one important explanation of alliance termination has remained overlooked, one where the mechanism revolves around resource value and is...
Persistent link: https://www.econbiz.de/10013003837
In this paper we investigate the ways in which new forms of organization enabled by digital technologies such as crowdsourcing and digital marketplaces are allowing firms to circumvent and defy traditional knowledge constraints. This is part of the broader question of when and why these forms of...
Persistent link: https://www.econbiz.de/10013244182
This study updates and extends research on foreign entry modes by examining the impacts of knowledge transfer capacity and knowledge tacitness. Research on international corporate expansion has long emphasized that deploying intangible knowledge-based assets is required for successful...
Persistent link: https://www.econbiz.de/10014058542
How do organizations build trust under varying degrees of uncertainty? In this article, we propose that different degrees of uncertainty require different bases of trust. We distinguish between three different forms of trust production (process-based, characteristics-based and institution-based)...
Persistent link: https://www.econbiz.de/10014118347
We hear much about the “democratic ideal” as if it were unreachable within the walls of the organization. Of late, apologists have begun suggesting that there is no need to worry; democracy exists; it’s just that it is often hidden from view right within the requisite hierarchical...
Persistent link: https://www.econbiz.de/10014095823
The aim of this paper is to propose a procedure to solve the serial correlation problem when calculating the efficiency of sports teams using Data Envelopment Analysis (DEA). This procedure is part of the economics approach within DEA and it draws on the shadow-price concept to add other teams...
Persistent link: https://www.econbiz.de/10014344900
With the development of e-commerce and smartphones, consumers can use a variety of shopping modes (i.e., showrooming, webrooming, and completely offline/online shopping), each of which provides specific advantages in terms of price, assortment, service, etc. Using a great variety of these...
Persistent link: https://www.econbiz.de/10014460384